Information memorandum

The information memorandum is the account of the corporate debtor that the resolution professional prepares in a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016. It is the document on which the committee of creditors and prospective resolution applicants base their view of the business and its assets.

Under the Board's regulations it goes to the committee on or before the ninety-fifth day of the process. After the reforms notified on 26 February 2026 it must also disclose unclaimed allottees, with names, amounts and units, receivables, joint development agreements, and assets attached by enforcement agencies. Those disclosures matter most in real estate insolvencies, where the approval chain and the allottees decide what a plan can deliver. The position is stated as at 21 September 2026.